Wintermute initiated a proposal for 250 million ARBs to support the Arbitrum Foundation in developing strategic partnerships. The proposal states that strategic partner program agreements typically exceed 2 million ARBs, with an average duration of 2.1 years. The proposal further emphasizes that strategic partner budgets are already very tight compared to competitors such as Starknet and Optimism. The current proposal has a 99.02% approval rating, with about 28% of the votes in favor cast by Wintermute.